Sports
April 7, 2023
Brazilian Government Introduces 15% Tax on Online Betting
Brazilian media outlet Poder360 reported that the Brazilian government has recently announced that online betting will now be subject to a 15% tax on Gross Gaming Revenue (GGR), with the license fee set at BRL30 million ($5.9 million). Brazilian Government Anticipates Billions in Revenue with New Measures The next step for Brazil’s Finance Ministry is […]
Sports
April 6, 2023
Brazil’s Soccer League Desires 4% of Sportsbooks’ Revenues
The Confederação Brasileira de Futebol (CBF), Brazil’s soccer confederation, wants additional funding in the form of sports betting taxes. Amid discussions for revolutionizing the gaming system, the body asked to receive a 4% share of licensed operators’ revenues. The CBF said that the proceeds, if granted, would be distributed among its leagues. The confederation’s proposal […]
Business
April 5, 2023
Altenar Sings Sportsbook Partnership with Playbonds for LatAm
The leading iGaming software and sportsbook provider, Altenar, expanded its global footprint after announcing a new strategic partnership in Latin America. The company announced Wednesday that it joined forces with Playbonds, a leading online gambling operator within the LatAm region. Under the terms of the new comprehensive partnership, Altenar agreed to supply its world-class sportsbook […]
Business
April 4, 2023
Kambi Extends Corredor Empresarial Partnership in Colombia
As a result, Kambi Group plc will continue to provide Corredor Empresarial S.A. with an advanced platform to power the latter’s betting and gaming operations. The two companies originally signed an agreement back in 2017 and have been maintaining a strong and successful relationship. Kambi and BetPlay Continue to Build Strong Partnership in LatAm Corredor […]
Sports
March 27, 2023
Athletico Paranaense Inks Esporte da Sorte Shirt Sponsorship
Athletico Paranaense, a football club competing in Brazil’s top-flight men’s league, Campeonato Brasileiro Série A, announced it has signed a shirt sponsorship deal with sports betting operator Esporte da Sorte. Master Shirt Sponsorship The new agreement with Esporte da Sorte will see the logo of one of the fastest-growing sports betting operators in Brazil feature […]
Sports
March 20, 2023
DoradoBet to Serve as FedeFut’s Sponsor
DoradoBet, a leading Latin American sportsbook and online casino gaming operator, has signed a sponsorship agreement with the Federación Nacional de Fútbol (FedeFut), Guatemala’s national soccer federation. As a result, the gambling company will commit to supporting the sports federation and its national teams. Under the agreement, DoradoBet will sponsor all national teams. This, according […]
Industry
March 17, 2023
bet365, Flutter, Betsson, Betway Establish Brazil’s IBRJ
Global leaders in sports betting have joined forces to establish a new entity in Brazil, the Brazilian Institute of Responsible Gaming (IBJR), seeking to contribute to the ongoing discussion and development of the gambling market in the Latin American country. ‘Collaborate with All Sectors of Society’ The establishment of the new body focused on responsible […]
Industry
March 13, 2023
Novibet Makes Headway in South America with Fortaleza Sponsorship
Sportsbook sponsorships in Brazil face significantly less stigma than in other countries, as most Brasileirão teams have secured similar contracts. The agreement will benefit both parties, substantially bolster Fortaleza’s coffers and give the Greek bookmaker a significant visibility boost. Novibet is steadily pursuing its Latin America expansion goals and is prepared to invest a lot […]
Sports
March 9, 2023
Brazil’s New Sports Integrity Body Takes Matters into Its Own Hands
The newly formed non-profit organization pledged to ensure the future integrity of Brazilian sports by uniting all industry members under a single goal. ABRADIE plans to assess the current situation, identify potential issues, propose recommendations and present the government with an action plan. The organization hopes to encourage meaningful reforms, ensuring a safe and secure […]
Casino
March 8, 2023
XSA Sports Gets Content Boost by Pragmatic Play
This time, the acclaimed supplier of casino games has launched with XSA Sports, helping the company catch itself up to an iGaming golden standard in the fast-evolving jurisdiction. Pragmatic Play Marches on in Brazil XSA Sports will now considerably grow its footprint in online games of chance with the addition of Pragmatic Pay’s slots. The […]
